Global Aluminum Extrusion Market to grow at a CAGR of 6.71% during the period 2016 - 2020; Finds New Report

Report forecast the global aluminum extrusion market to grow at a CAGR of 6.71% during the period 2016-2020.

Aluminum extrusion is a method in which aluminum alloy billets are heated to 800-925 °F and subject to the extrusion process. Extruded aluminum includes mill finished, anodized, and powder-coated aluminum. Aluminum extrusions are used in many sectors, such as the construction, transportation, electrical, machinery, and consumer durables, due to their high strength, flexibility, and durability. Aluminum extrusion products are 100% recyclable and do not emit hazardous gases during processing. This helps manufacturers and builders attain green status for their projects.

The report covers the present scenario and the growth prospects of the global aluminum extrusion market for 2016-2020.

The market is divided into the following segments based on geography:

• China
• Central & South America
• Europe
• North America
• Rest of Asia
• Others

According to the report, a key growth driver is the growing construction market. Developing countries have experienced a rise in per capita income levels. An increase in urbanization and rising consumer confidence is contributing to the rise in the number of construction projects. With a steady change in lifestyle and need for housing, the demand for aluminum extrusion is increasing. World’s urban population will rise by more than 70% by 2050. There is an increase in demand for infrastructure development, residential, and non-residential projects. The global construction market is expected to reach approximately $12 trillion by 2020. Aluminum extrusion is used for building and construction applications such as in windows, panels, windows frames, ladders, and bridges.

Further, the report states that one challenge that could restrict market growth is the changing trade policies in China.

Global Aluminum Extrusion Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global aluminum extrusion market: Alcoa, Constellium, Gulf Extrusions, Hindalco, and Sapa.

Other Prominent Vendors in the market are: Aluminium Products (ALUPCO), Al-Taiseer Aluminium Factory, Balexco, Hulamin Extrusions, Tajik Aluminum (TALCO), YKK Corporation of America, and Zahit Aluminum.

Market driver

• Growing construction market
• For a full, detailed list, view our report

Market challenge

• Changing trading policies in China
• For a full, detailed list, view our report

Market trend

• Rise in use of aluminum in building integrated photovoltaic system (BIPV)
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 78 pages and 43 Exhibit “Global Aluminum Extrusion Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Aluminum industry value chain, Global aluminum pricing, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Segmentation by alloy, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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